Filings for U.S. jobless benefits fell for the first time since September. (WSJ)
The Biden administration will spend $1 billion to buy rapid, at-home coronavirus tests in a bid to boost supply. (WSJ)
Moderna plans to build a manufacturing plant in Africa to supply Covid-19 and other vaccines. (WSJ)
Tesla is moving its headquarters to Austin, Texas, where the company is building a second U.S. factory. (WSJ)
Levi Strauss said it locked in much of its cotton prices for the first half of 2022, blunting the impact of a recent price surge. (WSJ)
The auto industry is investing billions in semiconductors made from silicon carbide to reduce energy loss in electric vehicles. (WSJ)
Deutsche Post’s preliminary results show third-quarter operating profit rose 28% on strength in its freight forwarding and express segments. (Dow Jones Newswires)
A sharp increase in air freight from China is adding to pressure on strained U.S. logistics networks. (The Loadstar)
South Korea’s Hanjin Heavy Industries & Construction received its first commercial shipbuilding order in six years, for four boxships. (gCaptain)
Freight rates for liquefied natural gas carriers are surging amid Europe’s energy crunch. (Lloyd’s List)
Climate activists are pressing furniture giant IKEA to switch to zero-emission cargo ships by 2030. (Splash 247)
Tests by H&M and IKEA found “undesirable detections” of chemicals in 2.5% of post-consumer textiles. (Sourcing Journal)
Reef Technology, which operates parking, mobility, and logistics hubs, bought last-mile e-commerce delivery and distribution startup Bond. (Restaurant Dive)
A Colorado warehouse worker sued Amazon for not paying staff during time spent undergoing Covid-19 screenings. (Reuters)
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